chaco04 chaco04

04-09-2020
Mathematics

contestada

Find the future value of a 10-year investment of $3500 at a simple annual rate of 3.49%.

Respuesta :

vigyana vigyana

04-09-2020

Answer:

You can plug in the simple interest formula A=P(1+rt) to get the amount is equal to 3500 (the principal in this case) times 1+ 3.49/100(10). This is 3500(1.349), and this is $4721.5.

Answer Link

Otras preguntas

What are the origins of prevailing ideas about natural, ideal, and deviant bodies in sports and in society?

If you multiply a number by five and then subtract negative ten, the difference is negative thirty. What is the number?

List two factors that might cause an organism to restrict its use of a resource.

A certain test is worth 155 points. How many points (rounded to the nearest point) are needed to obtain a score of 65%?

how are the themes and topics different

In a class of 35 students, 25 girls averaged 92% on the last test, while the 10 boys averaged 85% on the same test. What is the average for the entire class on

The sum of a number and 18 times its reciprocal is 11. Find the number(s). Let x represent the unknown number. The Reciprocal of x is____?

why is red onions purple

What is the main idea of Truman's statement about the use of atomic weapons

In the library there are 200 books. 58 of them are non-fiction. What percentage of the books are non-fiction?